Browsing: Associations & Councils

With over 85% of the industry comprising MSMEs, this visionary step will fast- track the sector’s journey towards achieving USD 100 billion in exports by 2047, empowering small exporters and transforming India’s gem and jewellery industry into a globally competitive, future-ready powerhouse.

Under the Export Promotion Mission, the government will provide priority support to sectors impacted by recent global tariff escalations, such as textiles, leather, gems & jewellery, engineering goods, and marine products. These interventions aim to help sustain export orders, protect jobs, and support diversification into new geographies.

The World Gold Council today announced the launch of its first India-focussed gold ETF campaign, built around the powerful core message ‘It’s Aaj Ka Gold’ (means ‘Today’s gold). The campaign is aimed at modernising gold investment for the nation’s digital-savvy young investors. The campaign aims to address the awareness–action gap and reinforce the accessibility, liquidity and strategic relevance of gold ETFs in investor’s portfolio.

R.V. Agrawal & Sons marked the grand opening of its new venture at Zaveri Bazaar on November 6, 2025 in the presence of distinguished guests and members of the gems & jewellery fraternity.

Mr. Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), was invited to attend the meeting organised with selected representatives of various industry sectors that contribute majorly to India’s merchandise exports chaired by Hon’ble Prime Minister Shri Narendra Modi at New Delhi, on 3rd November 2025. Mr. Kirit Bhansali was representing the Gems & Jewellery sector that contributes 7% to India’s Merchandise Exports. The meeting was convened to seek inputs from leading export sectors on measures to strengthen India’s competitiveness in global trade.

The Shagun Collection showcases a wide range of exquisite karigari – from intricate uncut diamond sets and rich antique designs to finely detailed meenakari and nakshi work pieces. Each creation captures the beauty of India’s heritage while mixing it with modern sensibilities, offering something unique for every style and occasion. Every piece in the collection is a tribute to the joy of celebrations and the deep bonds we share with loved ones.

As Dhanteras 2025 approaches, the All India Gem and Jewellery Domestic Council (GJC) shares key insights into consumer behaviour, market expectations, and emerging trends shaping this festive season’s gold and jewellery purchases. Despite elevated gold prices, demand will remain robust, driven by strong consumer sentiment and the enduring appeal of gold as both an investment and a cultural asset. Recent GST reforms, rolled out in September 2025, will also play a key role in increasing consumer confidence. The simplified tax structure and increased disposable income are helping sustain footfalls across organised retail, even as buyers negotiate on making charges and discounts. Jewellers across India are reporting consistent interest, especially among younger buyers who are gravitating toward sustainable & responsibly sourced jewellery. Popular choices this season include lightweight designs, investment-grade pieces, and hallmark-certified gold.

On Wednesday 15 October 2025, a group of approximately 40 illegal miners marched on the mine gate at Montepuez Ruby Mining (“MRM”). They proceeded to attack Mozambican police officers present at the gate, killing two, one of whom was a commander of Mozambique’s Natural Resources Protection Force. No MRM employees or contractors were injured in the attack and onsite conditions have been calm since.

As we enter the most lucrative quarter of the year, one thing is clear. This festive season isn’t about bigger displays or louder sparkle. It’s about depth. The consumer mindset has matured, and so must the industry’s response.

India’s gem and jewellery exports record a steady recovery in the first half of FY2025–26, witnessing a growth of  3.66% to US$ 14.09 billion between April and September 2025 compared to US$ 13.60 billion in the same period last year. This growth comes despite global headwinds, reflecting the resilience and adaptability of India’s jewellery exporters as festive and wedding season demand gains momentum.